Gold spot Intraday: choppy.

Pivot: 1507.00 Our preference: short positions below 1507.00 with targets at 1493.50 & 1485.00 in extension. Alternative scenario: above 1507.00 look for further upside with 1514.00 & 1520.00 as targets. Comment: as long as 1507.00 is resistance, look for choppy price action with a bearish bias. Chart Caption     Green Read more…